The Swiss franc weakened vis--vis the U.S. dollar today as the greenback tested offers around the CHF 1.0090 level and was supported around the CHF 0.9960 level. Data released in Switzerland today saw February retail sales up 7.6% y/y while the April ZEW expectations survey fell to -71.4 from -71.1 in March. U.S. dollar offers are cited around the CHF 1.0375 level. The euro and British pound moved higher vis--vis the Swiss franc as the crosses tested offers around the CHF 1.6005 and CHF 1.9985 levels, respectively.
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